National Republican., 1887-10-04
ACTIVE, BUT WEAK.
The Bears Successfully Raid Prices OF
kfnnka.

NEW YORK, oct. 9.--The stock market was
fairly active, but weak, throughout to-day, aud
material declines were made all over the list.
The bear party was again active and aggres-
siye, and while their opponents were indis-
posed TO support prices, the manipulation for
n decline had full swing. Advantage was
taken Of the unfavofable rumors in regard to
the grangers, chief among when was the story
to which were added the influence OF the de-
creasing earnings Of the 81. Paul and tho rate
troubles in the northwest.
These beside furnished pretext for raiding
the entire list, and number of the most &c
tive stocks were forced down from one to two
points. Western Union was the only strong
spot in the market. and served TO check the
declining tendency for some time during the
forenoon. Its special frmness was due To the
continued circulation OF the stories in regard
to the requirement OF the Baltimore and Ohio
telegraph system, Tho persistent attacks OF
the iaiders, however, wiped out most of its
carly gains before the close.
The opetfing was weak at declines OF from "a
toA per cent. from Saturdays final figures. ana
while Western Union was decidedly. strong,
the remainder OF the list was quite irregular
and soon became weak. The attack was cs-
pecially heavy upon St. Pau during the last
hour, and most of Its loss was m tds at that
time. The close was quiet, but weak at or
hs P5Ges q .sH d@S total
Money on call has been easy, ranging
from to Q, last loan at b, and closing OF.
ieIed at 8. Sterling exchange Is d dull and nd
day bills, aud iSS24 to 4si14 for demand. Posted
rates 4St1S to iS5. Government bonds dull and
without change. State bonds have been
little more animated and firm for the issues
Treasury balances-co sla2, ,iss, ,6Ol. .S5; cur.
rency, Sl26S2,5Ss,1
The following were the closing bid quota
tions:
| As, 12i; 41Scoup., 1881; Pac. 6s Of o5, 122;
Dist. Col. 3.65s, III; ia. u.s. gold 1914;
i2S e. do d. q; vs s7 a. Tenn ~ settlement sa SSSa g. ~
Q, 45; Tenn. settlement Ss, 20; Cen P4c.
hrs,s, lilld; Deny. aud R. O., firsts, Ioi NJ. K.
and T, "; Northern pac. Arsts, lliA; do.
seconds l0l Northwestern cons, %li0; do.
debenture. l07 St. L. and San Fran. *lli; y.
Paul con-, 1855; 81. l. Chicago, and Pac pld;
ll6; Southern Pac firsts, l0s: 7. z. X. g. and
gsN; Adams Express, 1i5; Alton and I. d.
$4 do; ,pfd, 7Oi Am. Express, lO7; Bos, AT
sS ga sS 3 e. ans 49, R. osn M S1 pss Sanaa& A.
Ghes. apd Ohio, 81; Chicago and Alton no;
land and col ST.; Con. Coal, %; bel; aud
| Harlem, 2i5; Houston and Texas, 90; III. Cen,
lil Rans; sta1 and Tsx1as 2s IL nE snd M"l w. dS
MSf s%se car. shor0 NJ .v and ana SSsp' eSsh' OOS
W.; Mob, and o., IL; Mar. and b., 1851
Western pfa' 4S i Northern @ iis Psc., 2sa do. pid I
4is2s; Northwestern, llo6; DO ptd., 40; n
p cso & &SSb obo snd GnicsfG %ss ag a D. d. h p S.
| Oregon Nav, gi; Pac. Mail, Ssh Pitts.
burg, 1872 Reading, 597S; Richmond and
Aeg 81 RiGhmopS and aron Dan 49, R3Gk
751i; do. first pfd., 49, st. Paul, 75I; do ptd.
.li51s; st. p: and o., d2144; do. pfd ld5: Texas
Pac., 2izs; Union Pac.s b215 Us. x, 70; Wab.
| West. Union, 1873; Tenn. Coal and Iron, 25IS;
| Cotton OIL Trust, 29I4; Quicksilver, %; do.
| pfd.. 49,
SAsked